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A service for global professionals · Wednesday, May 14, 2025 · 812,605,995 Articles · 3+ Million Readers
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United Arab Emirates OPEC News Monitoring

  • Published on 16:17 GMT

    OPEC+ Production Fell in April Despite Pledge to Start Hiking Output

    All the countries in the OPEC+ pact saw their combined crude oil production drop by 106,000 barrels per day (bpd) in April compared to March, despite the pledge of the eight OPEC+ producers who are withholding supply to begin easing their cuts. OPEC+ …

    Source: Oil Price - Neutral
  • Published on 16:53 GMT

    Eight OPEC+ countries oil output by 475,000 bpd above target in April — OPEC

    MOSCOW, May 14. /TASS/. Oil production by the eight OPEC+ countries, which voluntarily reduce oil production, totaled 30.807 million barrels per day (bpd) in April, which is 475,000 bpd above the target, according to the data in OPEC's May …

    Source: TASS - Gov't Propaganda
  • Published on May 13, 2025

    Trade Tensions, Oil Sanctions, and the Future of Middle East Oil

    Introduction On April 2, the Trump Administration announced global reciprocal tariffs, including the Middle East. Gulf partners were spared from high reciprocal tariffs, with the UAE, Oman, Qatar, Bahrain, Kuwait, and Saudi Arabia holding at the minimal …

    Source: Georgetown Journal of International Affairs - Washington D.C. - Pending
  • Published on May 13, 2025

    Another African country is making an aggressive push to become a major oil player

    Strategic infrastructure initiatives, international alliances, and regulatory reforms are helping to establish the country as a vital energy center in southern Africa. Partnerships with other oil-producing African countries As recently reported, Mozambique …

    Source: Business Insider Africa - Neutral
  • Published on May 13, 2025

    Analysis: Trump’s crude paradox vexes his Houston oil base

    Despite covering energy markets for nearly two decades, I’d never been to Houston. Last month, I took the 17-hour flight from Dubai and made my rounds with dozens of investors and drillers in the shale patch. Most volunteered they voted for Donald Trump — …

    Source: Semafor - Neutral
  • Published on May 13, 2025

    Kuwait oil experts: US-China tariff suspension boosts optimism, global economic growth

    KUWAIT: Kuwaiti oil experts have welcomed the 90-days suspension of tariffs between the US and China, saying that the move has bolstered confidence in the global economy and could lead to increased demand for oil. Experts told KUNA that oil prices had …

    Source: Zawya - Indeterminate
  • Published on May 13, 2025

    Venezuelan oil, secondary tariffs and lessons for the Nigerian economy

    Many may be wondering, what has Venezuelan oil and “secondary” tariffs imposed on this country by the Trump administration got to do with Nigeria – it has a lot to do with it. I must say nonetheless, that making mistakes may be a useful learning chance – …

    Source: The Cable - Neutral
  • Published on May 12, 2025

    What The Endgame in Gaza Means For Middle East Security And Oil Prices

    The next phase of Israeli Prime Minister Benjamin Netanyahu’s plan for Gaza could well be the beginning of the endgame of the ongoing Israel-Hamas War that poses the most danger for the global oil market. According to his statement on 5 May, he said that …

    Source: Oil Price - Neutral
  • Published on May 12, 2025

    Aramco's executive claims that oil demand may increase if the tariff dispute is resolved

    Aramco, the Saudi oil giant and a cash cow of the kingdom for many years, is expecting oil demand to be resilient this year. It also expects further upsides if the U.S.-China trade dispute is successfully resolved. Washington and Beijing agreed earlier …

    Source: World Energy News - Connecticut - Pending
  • Published on May 13, 2025

    UAE To Become International Hub Of Motorsports

    (MENAFN- The Arabian Post) By Saifur Rahman Amit Kaushal. Chairman of AKCEL Group The governments and the private sector in the GCC are investing heavily in infrastructure and creating world-class race tracks for the development of motorsports that, …

    Source: MENAFN - Indeterminate
  • Published on May 10, 2025

    Expert: OPEC+ Oil Cartel May Collapse By The End Of The Year

    3 After that, Russia will lose the opportunity to make money from oil sales. The OPEC+ oil cartel may collapse as early as 2025. After that, Russia will lose the opportunity to make money on oil sales. This was told in an interview with NV by Mikhail …

    Source: Charter 97 - Center-left
  • Published on May 11, 2025

    As oil prices fall can Gulf big spenders keep Trump pledges?

    Almost every month, there's another announcement about how various Gulf states will spend mind-blowing sums of money — hundreds of billions of dollars, if not trillions — in deals made with the new Trump administration in the US. In January, Saudi …

    Source: Deutsche Welle - Public Broadcaster
  • Published on May 12, 2025

    Aramco Profit Drops with Weak Oil Signaling More Strain

    Saudi Aramco reported a decline in profit in the first quarter as lower crude prices put pressure on the finances of the world’s biggest oil exporter. Net income slipped 4.6 percent to 97.5 billion riyals ($26 billion) in the quarter, according to a …

    Source: Rigzone - Neutral
  • Published on May 11, 2025

    Saudi oil giant Aramco announces first-quarter profits of $26 billion, down 4.6% from a year earlier

    DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion on Sunday, down 4.6% from the prior year as falling global oil prices undermine the kingdom’s multi-trillion-dollar development plans …

    Source: Associated Press - Neutral
  • Published on May 11, 2025

    Trump’s trade war hits profits at Saudi oil giant

    Saudi Aramco’s profits over the first quarter of the year fell by 5pc to $26bn (£19.5bn) - Simon Dawson/Bloomberg Uncertainty unleashed by Donald Trump’s trade war has delivered a financial blow to Saudi Arabia’s state-owned oil giant ahead of the US …

    Source: Yahoo Finance - Pending
  • Published on 02:40 GMT

    Saudi crown prince welcomes Trump

    Riyadh, May 14: President Donald Trump opened his four-day Mideast trip on Tuesday by paying a visit to Saudi Arabia's de facto ruler, Crown Prince Mohammed bin Salman, for talks on U.S. efforts to dismantle Iran's nuclear program, end the war in …

    Source: The Rising Nepal - Indeterminate
  • Published on May 12, 2025

    Opec+ Takes Aggressive Steps To Regain Market Share

    (MENAFN- The Arabian Post) Opec+ has made significant moves in recent months, shifting from a neutral to a more aggressive stance. After a period of gradual production increases, the group, led by Saudi Arabia, has opted for a sharp rise in output, …

    Source: MENAFN - Indeterminate
  • Published on May 13, 2025

    Trump signs deals with Saudis, including biggest-ever $142 billion arms agreement

    US President Donald Trump signed a host of economic and bilateral cooperation agreements in Saudi Arabia on Tuesday, as he kicked off a four-day Middle East trip with a focus on dealmaking with a key Mideast ally while shared concerns about Iran’s nuclear …

    Source: The Times of Israel - Right-wing
  • Published on May 11, 2025

    Aramco profit drops as uncertainty hits oil markets

    DUBAI: Saudi oil giant Aramco, a longtime cash cow for the kingdom, reported a 4.6% drop in first-quarter profit on Sunday due to lower sales and higher operating costs as economic uncertainty hit crude markets. The world’s top oil exporter reported net …

    Source: Business Recorder - Neutral

05 days 09:58:46

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  • Published on May 4, 2025 - 12:01 GMT

    India insulates itself from oil shocks

    (MENAFN) India is making strategic moves to protect itself from global oil market volatility, with crude imports from the US reaching a 27-month high in April 2025. This shift toward dependable suppliers comes amid sanctions on Venezuela and Iran. …

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  • Published on April 30, 2025 - 13:40 GMT

    Oil Prices Dip Due to Trade Tensions, Supply Concerns

    (MENAFN) Oil prices continued their downward trajectory on Wednesday, pressured by fears of weak demand due to the ongoing trade war between the U.S. and China, and growing worries about an oversupply in the market. Brent crude, the international benchmark …

    Distribution channels: ...
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